Have you seen billboards or advertisements that state ‘Sell your home privately’?
Having read that statement, you may have asked, “Why should I sell my home privately?”
Usually, a homeowner hires a real estate agent to help them sell their house. However, do you know that you don’t need to do this? You, the homeowner yourself, can easily sell your property with the right know-how.
So Why Should I Sell My Privately?
One of the main reasons of privately selling your house is to cut your expenses and increase your profit in the selling process. To make it clearer for you, here are a few of the benefits of selling you property privately:
Advantages of Private Home Sale:
1. No Need to Pay for Commission or Advertisements
When you sell your property privately, you have the choice not to use paid advertisements or pay for commission to those who refer a buyer to you. Keep your money in your pocket, not theirs.
2. No Contracts
When you hire somebody to sell the house for you, you may need agreements such as giving the selling privilege exclusively to that seller, and other contracts. When you sell your home privately, you don’t have to worry about all these additional agreements and contracts.
3. Deal Directly with the Buyer
Selling your property privately gives you the advantage of having a deal directly with the buyers. In this way, You will personally know what they like about your house and whatever their issues may be with it. When you deal directly with your clients, you will be able to figure out a win-win agreement between you and the customer.
4. No Commission Fees
A real estate agent will receive a percentage when your house is sold because of the assistance that they have given you. If you want to keep the full amount of your sold property, then sell your house privately.
5. Buyers Prefer Dealing with the Homeowners Themselves
No one knows more about your house other than you, the homeowner. Home buyers are more comfortable with dealing directly with the owner, as they feel safer and more secured that the price they are offered is of fair value. They prefer this rather than dealing with real estate agents. Dealing with agents will make them think that the value of the house must have been raised because of company or agents commission rates.
6. Flexible Schedule
Having a real estate agent with you when selling your house, you’ll still have to adjust to make both of your schedules meet. If you sell privately, you can work on it quickly without having to wait on somebody else’s schedule.
7. No Agent Demands
Some house selling agents, especially experienced and established ones, may ask for a higher commission percentage, consultation fees, and other demands. However, with private home selling, you can sell your house in your own way. This means that you don’t have to deal with these demands.
8. You Can Change the Price
You may want to have your property sold quickly, so you can give your client a lower price in order for them to buy it. You don’t have to wait for somebody else’s permission for you to drop the price of your property.
Sell your house in a more convenient way. Cut your expenses from commissions and advertisements. Lastly, gain more profit from the house that you sold.
These benefits when selling your property will help you decide to say “I want to sell my home privately!”